Bond investors need to think in a portfolio context and should not get in and out of bonds in trying to pick the bottoms from the tops, said Jeff Rosenberg, chief investment strategist for fixed income at BlackRock. The value of US Treasury securities act as a ballast and offsets the risky instruments in a portfolio that investors add for …
One Man’s Opinion: Will The Bond Markets Slump By The End Of The Year?
Investors can ignore the Fed and the economic data when they consider where to allocate their funds in the coming months, said Michael Shaoul, chairman and chief executive officer at Marketfield Asset Management LLC. The Fed is way behind the curve and the equity market certainly understands that. At some point the Fed will wake up to the reality, which …
One Man’s Opinion: Do Bond Markets Pose The Biggest Risk?
“If there is something untoward coming at us that people haven’t anticipated, it’s probably going to come from the fixed-income side,” says Michael Aronstein, president of Marketfield Asset Management. That’s where the participation is, that’s where the expectation is the highest and the fear of something disruptive is the lowest, he added. Asked why something disruptive hasn’t happened yet in the fixed-income …